Ground Up Construction Loans | Custom Home & Spec Home

 

Valor Lending Group offers excellent loan programs for land loan, lot loan & construction loan scenario’s!

Whether you are a flipper or a commercial builder we’ve got you covered!

 

 

Lot Loans / A TIER / Full Doc 43% DTI / (owner occ only):

3,5 OR 7 year lot loan starting at *5.875% interest rate /*APR 6.29% and only 1-2% origination based on $1M loan amount

LTV’s:

80% to $350k

75% to $500k

70% to $630k

65% to $750k

By exception above $750,000

Lot Loans / B TIER / No Income Requirements / Spec only:

6 months to 3 year term starting at *6.875% interest / *7.375% APR and only 1-2% origination / up to $5mm loan amount

50% down

Lot Loans / C TIER BORROWERS / No Doc / Spec only:

12-24 month terms starting at *10% interest / *11.25% APR and 3-4% origination

50% down / up to $5mm loan amount

Construction Loans / A TIER / Full Doc 43% DTI / Own occ only:

2,3,5 & 7 year LIBOR ARM’s (30 year term) from *3 .875% interest rate / 4.375% APR and only 1-2% origination

80% LTV up to $1mm

75% LTV up to $1.5mm

70% LTV up to $2mm

60% LTV up to $3mm

Construction Loans / B TIER / No Income Requirements / Spec only:

12-18 month terms starting at 6.75% interest rate / 7.125% APR and only 1.5% origination

Up to 80% LTV / up to $5mm loan amount

Construction Loans / C TIER / No Doc / Spec only:

9-18 month terms starting at 10% interest rate / 11.375% APR and only 3% origination

25% equity in project / up to $5mm loan amount

 

Recap of our Loan Products:

1. Stated Income Loans (No Tax Returns, no W-2s, No P&L)
2. Bank Statement Income Loans (Great Bank Statement Program for business owners and self employed)
3. Hard Money Loans (As low as 20% down / minimal documentation) Fund in 7-10 days.
4. Flipper Loans (Flip a property with one of our many options)
5. Line of Credit
6. 100% Financing
7. Foreign Nationals Loans (no social security or residency required)
8. Raw Land & Lot Loans
9. Ground up Construction for spec homes, custom homes and commercial ground up.
10. 2nd Position Loans up to $5mm
11. Investor Cash Flow Loan – No tax returns or DTI calculation! Based on subject property cash flow
12. Farms, Vineyards, Ranches and Agricultural Properties (25-30% down)
13. 10% down Jumbo’s with NO MI up to $2.5mm
14. Manufactured Housing / Mobile Homes (20% down / 620+ credit score)
15. Acreage Properties
16. Commercial Loans up to $500mm
17. 5% down Jumbo (Up to $2mm Lender paid PMI)

We also offer: 

1. 10, 15, 20, 25, 30 year Fixed, Conventional Conforming Loans (under $484,350)
2. High Balance Conforming aka Super Conforming (from $484,350-$726,525)
3. Jumbo’s to $10 Million / Super low rates! / 10% down Jumbo to $3mm
4. FHA, VA, USDA
5. ARM’s
6. Reverse mortgages up to $10 Million Value
7. Refinance including Cash Out